5 known charitable donations of the silent Nigerian oil mogul and billionaire Mike Adenuga
Adenuga’s resilience led to vast philanthropy, impacting the lives of underprivileged Nigerians.
Mike Adenuga
Nigerian tycoon Mike Adenuga holds ground among world’s top 900 billionaires despite early 2023 setback
With a net worth of $3.3 billion, Adenuga holds the title of the third-richest billionaire in Nigeria.
25 richest people on the Nigerian Exchange
Leading the ranks on the Nigerian Exchange are iconic figures like Aliko Dangote, Femi Otedola, and Abdul Samad Rabiu.
Nigerian billionaire Mike Adenuga’s oil firm records $175 million in 9M revenue
Nigerian billionaire Mike Adenuga’s leadership marks continued success for petroleum marketing company Conoil Plc.
Nigerian billionaire Mike Adenuga-linked Julius Berger posts revenue exceeding $410 million
Belinda Ajoke Disu, Adenuga’s daughter, serves on the board of Julius Berger, bringing a strong link between the telecom mogul and the group.
Nigerian billionaire Mike Adenuga pays $210-million spectrum license renewal fee
This development comes in the wake of intense speculation and reports regarding a contentious dispute between Adenuga and the Nigerian government.
Nigerian billionaire Mike Adenuga to receive $1.65-million dividend from Conoil
Led by the visionary Mike Adenuga, Conoil has firmly established its dominance in Nigeria’s petroleum marketing arena.
Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders
Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria’s petroleum marketing industry.
Nigerian billionaire Mike Adenuga in spotlight over $260-million debt and bribery allegations
Adenuga, whose net worth stands at $3.5 billion, ranks as one of Nigeria’s most prominent and wealthiest businessmen.
Nigerian billionaire Mike Adenuga suffers $7.5-million loss as Conoil shares dip
Despite this setback, Adenuga stands as one of the wealthiest billionaires not only in Nigeria but on the African continent.
7 assets owned by Nigerian billionaire Mike Adenuga
Adenuga’s journey began humbly, earning his first million at the age of 26 selling lace and distributing soft drinks.
Nigerian billionaire Mike Adenuga’s oil marketing firm nets $8.12-million profit in H1 2023
Adenuga maintains a majority stake of 74.4 percent, or 516,298,603 shares, in the oil marketing business.
Mike Adenuga’s Conoil stake nears $75 million with $22-million boost
Adenuga, one of Africa’s richest billionaires, owns a majority stake of 74.4 percent in Conoil Plc.
Nigerian billionaire Mike Adenuga earns $1.5-million dividend from Julius Berger
Adenuga is the largest shareholder in Julius Berger with a 25.1-percent stake.
Nigerian billionaire Mike Adenuga’s stake in Conoil soars by $59.7 million
Adenuga holds a majority 74.4-percent stake in the company, solidifying his position as a leading investor on the Nigerian Exchange.
Mike Adenuga’s Conoil reports record $6.5 million profit in Q1 2023
Adenuga controls a majority stake of 74.4 percent in Conoil.